The Angry Bear

Blogger and Commenter RJS, MarketWatch 666, November’s consumer prices, October’s trade deficit, wholesale sales, and JOLTS The consumer price index rose 0.8% in November, as higher prices for food, energy, new and used vehicles, airline fares, and toys were only slightly offset by lower prices for information technology devices, hospital services and for vehicle insurance….the Consumer Price Index Summary from the Bureau of Labor Statistics...

Donald Boudreaux says this [quote begins here]: Fauci – further revealing his inhumanity – actually said this: [L]et’s take the holiday setting. You’re with your family. You have grandparents and parents and children. When you get vaccinated and you have a vaccinated group and you are in an indoor setting, you can enjoy, as we have traditionally over the years, dinners and gatherings within the home with people who are vaccinated.And that’s the...

Disposable time as a common-pool resource VIII — An ecological subject In “Foundations for Environmental Political Economy,” John Dryzek explored the prospects of an environmentalist economic subject, “Homo ecologicus,” as an alternative to the traditional rational actor or economic man. Dryzek criticized previous efforts at positing an ethical, environmentalist subject, saying they were flawed by wishful thinking and reductionism. The alternative...

Real average and aggregate wages continue decline in November; a sharp deceleration in the consumer sector now appears likely As you may already know, consumer prices increased 0.8% in November. In the past two months, there has been a re-acceleration in CPI, with the monthly numbers equal to earlier this year and the worst since the Great Recession:  On a YoY basis, consumer inflation is now the highest since the big Reagan recession...

I stumbled upon this article riding home yesterday. It is a pod cast called: On the Media. I catch it at times on my local NPR. Some very intriguing discussions are presented. This one is very timely considering the great dropout in the work force. Or, “resignation” as it is being called. It caught my attention because of what just might be a new interest in unions? Take this Job and Shove It: The article is about 1 hour long. It looks...

 by New Deal democrat Weekly Indicators for December 6 – 10 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. While stock prices made a new record yesterday, the more significant change this week was that Omicron most likely has already put a dent in peoples’ dining plans, as restaurant reservations declined significantly. Also, the weekly measure of consumer spending continues to be strong, even though real wages...

This post comes by way of Joel Eissenberg’s Facebook blog and is an edited recital of Juan Cole’s presentation at Informed Comment. “Stop Wall Street from Grabbing Traditional Medicare,” F. Douglas Stephenson __________ I am going to add to Joel’s depiction of the future as I too had heard of the coming attempt to force seniors into the commercial healthcare program – Medicare Advantage. This is the only time I will tie the words Medicare and...

Disposable time as a common-pool resource VII — Common-pool property rights Two key features of Ostrom’s analysis: the distinguishing of a spectrum of separable property rights rather than monolithic “ownership” and the use of a grid that classifies goods according to how difficult it is to restrict access to them and the extent to which one person’s use of a good subtracts from what is left available for others. Schlager and Ostrom identified a...

More Partsanization Of The Environment  The Environmental Protection Agency was founded during the presidency of Republican Richard Nixon, if perhaps with some lack of enthusiasm. The first national cap and trade (or “tradable emissions permits”) system, for SO2, was instituted during the presidency of Republican George H.W. Bush. In 2008, Republican John McCain had an alternative plan to that proposed by Democrat Barack Obama for dealing with...